NOT LISTED FOR SALE

523 S 9th St Princeton, IL 61356

Estimated Value: $200,000 - $229,000

4 Beds
2 Baths
-- Sq Ft
0.28 Acres

Last Sold August 12, 2022

Last sale price $185,000

Est. 16% increase in value since last sale

Current estimated payment $1,580/month

39 Days on Market

About This Home

As of August 2022

Great opportunity to own an all brick duplex in great condition! This duplex has been owned by the same family since it was built. It is all brick with a crawl space that has a concrete floor. Each unit includes stove and refrigerator and hook-ups for a washer and dryer. Unit A has a washer and dryer provided by owner, Unit B tenant provides their own washer and dryer. All utilities are separated and tenant pays utilities. Roof is approximately 10 years old. Unit B has new furnace and central air in 2020 and new water heater in 2022. Each unit has an attached one car garage. Both leases are currently month to month. One tenant has lived in the property for 8 years and the other just over 2 years.

Last Agent to Sell the Property

Melissa Burrows

Success Realty Property Management, LLC Listed on: 05/19/2022

Last Buyer's Agent

JD Gieson

RE/MAX of Rock Valley License #475189224

RE/MAX of Rock Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,377

Year Built

  • Built in 1981

Lot Details

  • 0.28

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Princeton High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Crawl Space
  • Lot Dimensions are 107.4 x 112.5

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,377

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1981
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • High School: Princeton High School

Lot Info

  • Lot Dimensions: 107.4 X 112.5
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18

Tax Info

  • Tax Annual Amount: 3377.28
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 1997
Sold by
Nancy M May Trust
Bought by
Rentco Llc
Current Estimated Value
$214,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,909,125
Interest Rate
5%
Mortgage Type
Credit Line Revolving
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rentco Llc -- May May Angel & Harris
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rentco Llc $4,909,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $185,000 -2.6% --
06/29/2022 06/29/22 Pending -- -- --
06/17/2022 06/17/22 Price Changed $190,000 -2.8% --
05/20/2022 05/20/22 For Sale $195,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,271 $66,958 $9,033 $57,925
2023 $5,271 $61,667 $8,319 $53,348
2022 $5,540 $64,297 $7,800 $56,497
2021 $3,486 $39,161 $7,384 $31,777
2020 $3,390 $37,728 $7,114 $30,614
2019 $3,390 $37,277 $7,029 $30,248
2018 $3,327 $36,640 $6,909 $29,731
2017 $3,385 $36,772 $6,934 $29,838
2016 $3,302 $35,812 $6,753 $29,059
2015 -- $28,551 $0 $28,551
2014 -- $35,186 $6,635 $28,551
2013 -- $35,377 $6,671 $28,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11411171

Midwest Real Estate Data (MRED)

APN: 16-15-304-008